The terraced house is one of the most familiar styles of home in Rugeley (and the UK as a whole).
18.6% of Rugeley people live in a terraced home, interesting when compared with the national average of 22.7%.
The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primally come about by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions.
Most economists weren't too concerned about this increase in the inflation rate as the very same thing happened in the early 1990s following the Credit Crunch with a similar rise in demand and supply chain issues. Thankfully, back in the early 1990s, inflation returned to lower levels quite quickly. However, the situation in Eastern Europe now could change matters.
713 homes in the Cannock Chase area are empty, which represents 1 in 63 homes.
386 of those have been empty for more than six months and are worth £81million.
Why are those properties standing empty and deteriorating and why could that become an issue for the whole of Rugeley?
A couple of weeks ago was National Empty Homes Week, so I thought I would find out how many homes are empty in the Rugeley area - the numbers surprised me, so I wanted to share my thoughts about them with you.
The energy bills of every Rugeley resident will rise in April as the price cap increases to account for the global increase in the cost of gas. Those not on the gas mains will still be hit as the UK uses gas to make 45% of its electricity.
So, what can Rugeley residents do to reduce their energy consumption and ultimately save money?
62% drop in the number of properties for sale in Rugeley in the last 12 months.
101 Rugeley homes have sold (stc) in the last three months alone, taking the time from the ‘for sale board’ going up to sale agreed to a median of 15 days.
The £100k to £200k price range in Rugeley is the most active, where it only takes 5 days to sale agreed, but the £400k to £500k is taking 61 days.
Yet what issues cause the people of Rugeley to want to move home and what can Rugeley people, who want to move in 2022, do to ensure they sell and find the home of their dreams?
307 Rugeley Landlords Could Be Hit With £14k Bills and Red Tape in Tory 'Levelling Up' Plans
Some Rugeley landlords face bills of between £11,000 to £14,000 as Michael Gove, the Housing Minister, declared an attack on poor quality private rental homes.
307 Rugeley rental properties will require upgrading. The Government announced in their ‘Levelling Up’ White Paper last week they plan to introduce a new minimum standard for private rental properties.
Also, the White Paper wants every landlord in Rugeley (1,317 of you) to go on a Landlord Register and proposes the removal of Section 21 no-fault evictions. This could make it more difficult for you to get possession of your Rugeley rental property.